“The Justice Department [DOJ], which is charged with bringing civil actions to enforce federal health and safety laws, has now made it crystal clear that HUD may not use sub-regulatory ‘guidance’ documents that have not been considered by the MHCC and have not gone through rulemaking, in order to impose …
“Sun Communities of Southfield, Michigan, took the top spot with 83,294 home sites under management, followed by Equity LifeStyle Properties of Chicago with 73,700 home sites, RHP Properties of Farmington Hills, Michigan, with 60,163 sites, YES! Communities of Denver with 47,278 sites and MHP Funds of Cedaredge, Colorado, with 31,652 …
Via a media release do the Daily Business News, Skyline Corporation (NYSE:SKY) (“Skyline” or the “Corporation”) reported the following results for the third quarter of fiscal 2018. Net sales of $57,978,000, an increase of 12.3% over net sales of $51,640,000 in the year ago quarter. The current quarter included approximately $5,000,000of homes constructed …
The Department of Housing and Urban Development (HUD) has announced today that they have awarded nearly $28 billion in federal aid to help “hard hit areas in nine states, Puerto Rico and the U.S. Virgin Islands.” In a release to the Daily Business News, HUD stated that “Disaster recovery …
Howard Buffett is the 63 year old son of Warren Buffett, sits on the board of Berkshire Hathaway, heads up a philanthropic foundation largely funded by Berkshire stock, and is serving as the interim sheriff of Macon County, IL. He also has property in Arizona, and knows the challenges of …
Our 50-State Border Crisis: How the Mexican Border Fuels the Drug Epidemic Across America Read More
It isn’t every day that a U.S. Senator tells America that he grew up in a “trailer park” [sic], and later bought a “mobile home.” And it isn’t every day that a world-famous brain surgeon tells America that manufactured homes are “amazing.” Everyone in sales or marketing ought …
Put Taxpayer Funded Comments to Work for Your MH Location, Monday Morning Sales Meeting Read More
The markets are closed on Good Friday, and many are making their personal spiritual preparations for their high holy days. A reflection on manufactured housing, set in the context of this day is linked below. The Masthead Let’s be crystal clear at the outset. Only One can claim to …
The Modular Building Institute (MBI) has announced the induction of Mr. Carl Bennett, into its Hall of Fame at World of Modular 2018 in Hollywood, Florida. Strong support for this public recognition of Mr. Bennett, and the celebration of his achievements for more than 35 years, comes from prominent …
The “Affordable Housing Focus Group“ article posted just days ago on Manufactured Home Living News (MHLivingNews.com) yielded impressive search results on Google. The result was page 1, number 2 out of about 1.66 million possible search outcomes. That’s a positive note for the industry, in an educational/image building way. …
Affordable Housing Focus Group – Manufactured Home = Page, 1, #2 Google Result Read More
Just in, Gary Cohn’s said to be heading out. Tonight’s focus is once more on trade, tariffs, and macro-economic issues that impact the economy, and thus manufactured housing. If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline …
POTUS Trump on Looming Trade War, Stock$ Rise, Plus MHMarket UPDate$ Read More
Champion Home Builders celebrated on February 6, 2018 , its 58th year of operating a production line in York, Nebraska, says the York News Times. “Lunch was catered in and birthday cupcakes were enjoyed by all 163 employees currently on staff. A commemorative t-shirt was also distributed,” said their …
York’s Champion Production Center Celebrates 58th Birthday Read More
Holliday Fenoglio Fowler LP (HFFLP) announced the arrangement of “a programmatic joint venture between a real estate investment trust and an institutional investor for the acquisition of approximately $400 million of core industrial properties in the Western U.S.,” the company said Tuesday, per Law 360. HFF has managed …
HFFLP Arranges $400M JV in US Properties, NAM Update$ Read More
The pre-announced move in Warren Buffett’s annual letter of Berkshire Hathaway deeper into the housing market was already realized today, as Cobb Business Journal announced that “Silverton Mortgage Specialists Inc., with three locations in Cobb County, announced that it has signed a definitive agreement to join the Berkshire Hathaway family …
The Trump White House routinely provides the Daily Business News and others in the news media with items they “read” in the “West Wing” they believe deserves a closer look. Among the administration’s West Wing Reads today, are the following economic and politically laced items. “American business confidence in the …
U.S. Companies Increasingly Upbeat, Per West Wing Statement Read More
“Christopher C. Fisher, managing principal of Ducker Worldwide, spoke at length…about marketing possibilities for the manufactured housing industry. His company has undertaken an extensive study of what millennials and baby boomers need and how the industry can attract those customers,” according to a state association source to MHProNews. “He …
Redfin, CNBC and Mortgage Daily News are among those focused on what rising interest rates would mean for the conventional housing market. That’s important to manufactured housing professionals whose businesses are focused, on selling to home buyers. First, the impact on conventional housing report of rising mortgage rates, then the …
Let’s be clear. The withdrawal letter now-published by the Manufactured Housing Communities of Arizona (MHCA) on Industry Voices is sober. It is a low key, ‘here are the facts’ now-open letter about why they’ve quit the Manufactured Housing Institute (MHI). But it might as well have been a bomb, as …
Economic data points are commonly cited in quarterly stock report by a publicly traded company in manufactured housing. The economic news has been strong. “Lt. Gov. Tim Griffin (R-AR) writes in the Arkansas Democrat-Gazette that “we haven’t seen this sort of bold tax reform since President Reagan’s tax overhaul in …
Whiplash. Good News, Bad News, Fake News – The Cost$ of Overhyped Hysteria Read More
First, the Daily Business News will share the email that the Consumer Financial Protection Bureau (CFPB) Acting Director, Mick Mulvaney sent out. Then, we will then briefly examine what it could mean to lending, and the manufactured home industry. The CFPB email: ————– From: Mulvaney, Mick (CFPB) <Mick@cfpb.gov>Date: January …
CFPB’s Mulvaney’s Email; What it Says, Mean$ to Lending, & Manufactured Housing Read More
A few minutes after 9 AM ET, the previously announced conference call between Skyline and Champion took place. The call lasted about 30 minutes. There was no Q & A after their presentation. The presenters generally followed the information provided in their power point. The meat of the presentation, minus …
